Chinese Public Security Bureau
Scope
Date
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Korean food
Hahn & Co. acquires controlling stake in Namyang Dairy Products
South Korea’s private equity (PE) firm Hahn & Co. has acquired a controlling 53% stake in Namyang Dairy Products, acquiring all shares own...
May 27, 2021 (Gmt+09:00)
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ASK 2021 Interview
Long-term transformation in public markets: ValueAct
On May 12th ValueAct Partner, CEO, and Chief Investment Officer G. Mason Morfit appeared at the ASK Global Conference 2021 hosted by The Korea Econo...
May 27, 2021 (Gmt+09:00)
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Korean stock market
LG Chem stock plunges -6.73%, worst dip since March
LG Chem Ltd. suffered a broad sell-off on May 26, with more than 4 trillion won ($3.6 billion) of its market cap vanishing in a single trading day, ...
May 26, 2021 (Gmt+09:00)
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Korean startups
Cloud firms rush to secure footing in pet data market
The pet care market is set to ride a "cloud wave" as companies make use of pet data on cloud storage spaces to tap into the growing pet care market,...
May 25, 2021 (Gmt+09:00)
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COVID-19
SK Bioscience secures up to $173.4 mn from CEPI for vaccine development
SK Bioscience Co. has secured additional funding for phase III clinical trial of GBP510, its COVID-19 vaccine candidate jointly developed with the I...
May 24, 2021 (Gmt+09:00)
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Korean chipmakers
Samsung, TSMC up ante in US foundry competition
The world’s two largest foundry chipmakers, Taiwan Semiconductor Manufacturing Co. (TSMC) and Samsung Electronics Co., are upping the ante in ...
May 24, 2021 (Gmt+09:00)
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Webtoons
Kakao Japan secures over $500 mn from Anchor Equity; valuation tops $7 bn
Kakao Corp.’s Japanese unit is set to secure 600 billion won ($530 million) from South Korea-based private equity firm Anchor Equity Partners....
May 20, 2021 (Gmt+09:00)
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Korean startups
Team Blind secures $37 mn in Series C round; eyes Nasdaq listing
Teamblind Inc., the operator of Blind, an anonymous social platform for discussion on workplace issues, has successfully concluded its $37 million S...
May 18, 2021 (Gmt+09:00)
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ESG
Hanwha Group secures $4.4 bn from KDB to finance ESG business
South Korea’s Hanwha Group has clinched a 5 trillion won ($4.4 billion) commitment from the state-run Korea Development Bank over the next fiv...
May 12, 2021 (Gmt+09:00)
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Korean startups
Team Fresh secures $6 mn via stake sale to DSC Investment
South Korea-based venture capital firm DSC Investment announced on Apr. 27 that it has acquired a 6.5% stake, valued at around 6.5 billion won ($5.8...
Apr 27, 2021 (Gmt+09:00)
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Cryptocurrencies
Chinese investors enjoy bitcoin arbitrage gains on Kimchi Premium
Chinese investors trading in digital assets such as bitcoin are reaping decent arbitrage gains in South Korea as the so-called Kimchi Premium has re...
Apr 13, 2021 (Gmt+09:00)
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Economy
S.Korea's public debt tops GDP for first time in 2020
South Korea's government debt surpassed its gross domestic product for the first time in 2020, with public debt reaching its highest level ever foll...
Apr 07, 2021 (Gmt+09:00)
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Korean startups
Fresh food logistics startup Team Fresh secures 30 bn won in Series C
South Korea-based fresh food logistics startup Team Fresh has concluded its 30 billion won ($26.7 million) Series C round, attracting high-profile i...
Apr 05, 2021 (Gmt+09:00)
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Mergers & Acquisitions
Chinese PE firm pays $1.4 bn to take over Magnachip Semiconductor
South Korean chipmaker Magnachip Semiconductor Corp. announced on Mar. 27 that it has entered into a definitive agreement to be acquired by China-ba...
Mar 28, 2021 (Gmt+09:00)
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IPOs
LG Energy Solution hires Morgan Stanley, KB Securities as lead IPO managers
South Korea-based LG Energy Solution has hired KB Securities and Morgan Stanley as the lead managers for its initial public offering, which is antic...
Jan 28, 2021 (Gmt+09:00)
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Pension funds
NPS divides global securities division into equity, fixed income
The National Pension Service has divided up its global public market division into Global Equity and Global Fixed Income divisions as part of a plan...
Jan 13, 2021 (Gmt+09:00)
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Markets
Seoul shares tipped to benefit from global indices' China exclusions
Global index providers' recent decisions to remove Chinese companies from their benchmarks are expected to draw additional global and institutional ...
Dec 13, 2020 (Gmt+09:00)
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Venture Capital
KDB backs $100 mn SE Asia fund of Korean, Chinese VC firms
South Korean venture capital firm SV Investment Corp, together with China’s Shenzhen Capital Group, will raise $100 million in the Korean VC's...
Dec 09, 2020 (Gmt+09:00)
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Joint Ventures
Kakao, Tencent join forces to tackle Chinese market
South Korea’s leading platform giant Kakao Corp. has joined hands with China’s tech giant Tencent Holdings Ltd. to tap into the Chinese ...
Dec 01, 2020 (Gmt+09:00)
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Public finance
S. Korea's fiscal deficit tops $90 bn; public debt hits record high
South Korea's fiscal deficit in September has pushed the annual shortfall to over 100 trillion won ($89.6 billion) with public debt reaching an all-ti...
Nov 10, 2020 (Gmt+09:00)
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Chinese startups
SK, KTCU see gains from Chinese startup’s Nasdaq IPO
SK Group and the Korean Teachers’ Credit Union (KTCU) may walk away with handsome gains from their joint investment of 360 billion won ($314 mil...
Oct 16, 2020 (Gmt+09:00)
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M&As
CJ Logistics, NPS eye sell-off of Chinese logistics unit
South Korea’s leading logistics firm CJ Logistics Corp. and the National Pension Service have reached out to logistics companies and global priv...
Oct 08, 2020 (Gmt+09:00)
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M&As
CJ Logistics, NPS eyeing to sell Chinese logistics unit
South Korea’s leading logistics firm CJ Logistics Corp. and the National Pension Service have reached out to logistics companies and global priv...
Oct 08, 2020 (Gmt+09:00)
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CJ Logistics, NPS eye sell-off of Chinese logistics unit
South Korea’s leading logistics firm CJ Logistics Corp. and the National Pension Service have reached out to logistics companies and global priv...
Oct 08, 2020 (Gmt+09:00)
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IPOs
Kakao Pay set to be Korea's first mobile-payment fintech to go public
Kakao Pay Corp. is set to become South Korea’s first mobile-payment fintech company to go public as the company kicks off preparations for an in...
Sep 28, 2020 (Gmt+09:00)
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Pre-IPO
SK Innovation’s battery arm secures $258 mn in pre-IPO placement
SK Innovation Co.’s wholly owned subsidiary SK IE Technology Co. (SK IET) is set to fetch 300 billion won ($257.6 million) in a pre-IPO placemen...
Sep 22, 2020 (Gmt+09:00)
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Tech
Korean display makers poised to suffer from US ban on Chinese app WeChat
Korea’s two largest display panel makers – Samsung Display Co. and LG Display Co. – are widely expected to suffer from the US ban on...
Sep 14, 2020 (Gmt+09:00)
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Entertainment
Kakao Games makes a splash; raising over $13.5 bn in public subscription deposits
Kakao Games Corp. has raised over a staggering 16 trillion won ($13.5 billion) in deposits during the first day of its public subscription on Septembe...
Sep 01, 2020 (Gmt+09:00)
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Hanwha Q Cells secures 315MW solar power, energy storage project in Portugal
Hanwha Q Cells Co. has secured the right to generate half of the 700-megawatt power capacity put up for auction in Portugal, becoming the first compan...
Aug 28, 2020 (Gmt+09:00)
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Logistics
KB Securities buys Amazon’s Edinburgh logistics center for $86.5 mn: report
KB Securities Co. has reportedly acquired Amazon’s logistics center in Edinburgh, Scotland, for 102.5 billion won ($86.5 million), which the onl...
Aug 18, 2020 (Gmt+09:00)
Latest News
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- 2 LG Chem closes $1 bn water filter division sale to Glenwood PE
- 3 Hyundai Motor-backed Motional names AI veteran Laura Major as CEO
- 4 President Lee: Businesses at center of policy priorities for economic growth
- 5 Samsung supplies HBM3E to AMD’s new accelerators